Key Points
- Insider sale: CFO Christopher Bruce Roberts sold 68,902 shares on March 10 at an average $7.85 (and 9,360 shares on March 11), with the March 10 sale valued at $540,880.70, reducing his stake by 5.74% to 1,132,398 shares per an SEC filing.
- Business momentum: Quantum Computing has announced strategic acquisitions (NuCrypt and Luminar Semiconductor) and demonstrated next‑generation quantum‑secured communications with Ciena, which management says should broaden IP and accelerate commercialization.
- Market and analyst context: Shares slipped about 2.1% to $7.46; the company has a $1.68B market cap, a 52‑week range of $5.38–$25.84, and a consensus "Hold" rating with a $17 price target after several analyst downgrades.
Quantum Computing Inc. (NASDAQ:QUBT - Get Free Report) CFO Christopher Bruce Roberts sold 9,360 shares of Quantum Computing stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $7.85, for a total value of $73,476.00. Following the sale, the chief financial officer directly owned 1,123,038 shares of the company's stock, valued at approximately $8,815,848.30. This trade represents a 0.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Christopher Bruce Roberts also recently made the following trade(s):
- On Tuesday, March 10th, Christopher Bruce Roberts sold 68,902 shares of Quantum Computing stock. The stock was sold at an average price of $7.85, for a total value of $540,880.70.
Quantum Computing Stock Down 4.4%
Shares of Quantum Computing stock traded down $0.33 during trading on Thursday, hitting $7.29. 2,301,310 shares of the stock traded hands, compared to its average volume of 14,551,270. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of -48.53 and a beta of 3.51. Quantum Computing Inc. has a 52 week low of $5.38 and a 52 week high of $25.84. The firm's fifty day moving average is $9.78 and its 200-day moving average is $13.21.
Quantum Computing (NASDAQ:QUBT - Get Free Report) last issued its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm had revenue of $0.20 million during the quarter, compared to analysts' expectations of $0.39 million.
Institutional Trading of Quantum Computing
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Quantum Computing by 57.1% in the first quarter. Royal Bank of Canada now owns 53,752 shares of the company's stock worth $430,000 after acquiring an additional 19,527 shares during the period. Millennium Management LLC grew its position in shares of Quantum Computing by 288.9% during the 1st quarter. Millennium Management LLC now owns 651,455 shares of the company's stock valued at $5,212,000 after acquiring an additional 483,940 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Quantum Computing by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 326,278 shares of the company's stock worth $2,610,000 after purchasing an additional 2,280 shares in the last quarter. Rhumbline Advisers purchased a new stake in shares of Quantum Computing in the 1st quarter worth $28,000. Finally, ProShare Advisors LLC bought a new position in Quantum Computing in the 2nd quarter worth $453,000. 4.26% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on QUBT. Lake Street Capital cut their price objective on Quantum Computing from $24.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, November 17th. Rosenblatt Securities reaffirmed a "buy" rating and set a $22.00 price target on shares of Quantum Computing in a report on Tuesday, March 3rd. Wedbush started coverage on shares of Quantum Computing in a research note on Wednesday, December 17th. They set a "neutral" rating and a $12.00 target price for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Quantum Computing in a report on Monday, December 29th. Finally, Cantor Fitzgerald cut their price objective on Quantum Computing from $15.00 to $10.00 and set a "neutral" rating for the company in a report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $17.00.
Read Our Latest Analysis on Quantum Computing
Quantum Computing News Roundup
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Strategic acquisitions expand IP and vertical integration — QUBT announced acquisitions (NuCrypt and Luminar Semiconductor) intended to broaden its quantum and photonics capabilities, which management frames as strengthening revenue visibility and accelerating product commercialization. Quantum Computing Deepens Quantum Capabilities With Strategic M&A Push
- Positive Sentiment: Technical / commercial validation via Ciena partnership — QUBT and Ciena demonstrated next‑generation quantum‑secured communications (QKD + PQC + AES‑256‑GCM) at OFC 2026, a visible proof‑point that can help sales/partner momentum in secure communications markets. Quantum Computing Inc. and Ciena Demonstrate Next-Generation Quantum-Secured Communications
- Neutral Sentiment: Near-term earnings event is a volatility catalyst — Reports show QUBT is expected to announce quarterly results on Thursday; earnings and any guidance/comments on integration of recent acquisitions will likely move the stock. Quantum Computing (QUBT) Expected to Announce Earnings on Thursday
- Neutral Sentiment: Potential ticker/name confusion in the market — A separate company (Mainz Biomed) announced it will change its name to “Quantum Cyber” and ticker to QUCY; this is unrelated to QUBT but could briefly create ticker/name confusion or search noise for investors. Mainz Biomed Announces Appointment of Robert Liscouski as Chairman
- Negative Sentiment: Insider selling by the CFO — Filings show CFO Christopher Roberts sold 68,902 shares on March 10 and 9,360 shares on March 11 at ~$7.85 per share, reducing his stake by several percent; such sizable insider sales can be perceived negatively and weigh on sentiment. SEC Filing - Insider Sales
Quantum Computing Company Profile
(
Get Free Report)
Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.
The company's flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.
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